Publisher's Synopsis
One section of the 14th amendment says: "The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."
Does the 14th amendment gives the president the authority to ignore or override the debt ceiling?
- Learn the history of the US debt ceiling and how it has evolved over time.
- Understand the economic impact of the debt ceiling and why it is a threat to the global economy.
- What are some potential solutions to the debt-ceiling crisis and how they could be implemented?
We will explain the economic impact of the debt ceiling and why the current system is broken and unsustainable in the long run.
This book is an essential read for anyone who wants to understand the history, implications, and potential solutions to the US debt-ceiling crisis. It is written for a general audience, but it will also be of interest to economists, policymakers, and concerned citizens.
